About Confluent Medical
Confluent Medical is a company based in Fremont (United States) founded in 1991 was acquired by TPG in January 2022. It operates as a Professional Services, and Direct-to-Consumer (D2C). Confluent Medical has raised $89.73 million across 3 funding rounds from investors including TPG and Ampersand Capital Partners. The company has 14 employees as of April 08, 2024. Confluent Medical has completed 5 acquisitions, including Biomedical Structures, ETE Medical and Interface Catheter Solutions. Confluent Medical offers products and services including Nitinol Components, Polymer Tubing, Biomedical Textiles, and Complex Catheters.
- Headquarter Fremont, United States
- Employees 14 as on 08 Apr, 2024
-
Sectors
Healthcare
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Confluent Medical Technologies
- Date of Incorporation 03 Sep, 2021
- Jurisdiction Patancheru, Telangana, India
-
Annual Revenue
$295.79 K (USD)2272.32as on Mar 31, 2023
-
Net Profit
$-1.13 M (USD)-184.19as on Mar 31, 2023
-
EBITDA
$-1.06 M (USD)-181.59as on Mar 31, 2023
-
Total Equity Funding
$89.73 M (USD)
in 3 rounds
-
Latest Funding Round
$55.74 M (USD), Series C
Aug 08, 2016
-
Investors
TPG
& 1 more
-
Employee Count
14
as on Apr 08, 2024
-
Investments & Acquisitions
Biomedical Structures
& 4 more
-
Acquired by
TPG
(Jan 05, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Confluent Medical
Confluent Medical offers a comprehensive portfolio of products and services, including Nitinol Components, Polymer Tubing, Biomedical Textiles, and Complex Catheters. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Nitinol components are designed for medical device applications.
Polymer tubing is crafted for precision medical applications.
Biomedical textiles are produced for implantable medical solutions.
Complex catheters are developed for interventional medical procedures.
Unlock access to complete
Unlock access to complete
Funding Insights of Confluent Medical
Confluent Medical has successfully raised a total of $89.73M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $55.74 million completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series C — $55.7M
-
First Round
First Round
(01 Jun 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series C - Confluent Medical | Valuation |
investors |
|
| Apr, 2011 | Amount | Series B - Confluent Medical | Valuation | Ampersand Capital |
|
| Jun, 2008 | Amount | Series A - Confluent Medical | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Confluent Medical
Confluent Medical has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include TPG and Ampersand Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Ampersand Capital Partners is focused on investments in healthcare and life sciences.
|
Founded Year | Domain | Location | |
|
Fund of funds focused on pre-seed and seed-stage companies
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Confluent Medical
Confluent Medical has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Biomedical Structures, ETE Medical and Interface Catheter Solutions. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Manufacturer of precision drilled tubes & cannulae, and hollow bars for multiple industrial sectors
|
2011 | ||||
|
Biomedical textiles are designed and manufactured for medical device producers.
|
2002 | ||||
|
Balloon catheter products are manufactured under contract.
|
1995 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Confluent Medical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Confluent Medical Comparisons
Competitors of Confluent Medical
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Confluent Medical
When was Confluent Medical founded?
Confluent Medical was founded in 1991 and raised its 1st funding round 17 years after it was founded.
Where is Confluent Medical located?
Confluent Medical is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
Is Confluent Medical a funded company?
Confluent Medical is a funded company, having raised a total of $89.73M across 3 funding rounds to date. The company's 1st funding round was a Series A of $13.99M, raised on Jun 01, 2008.
How many employees does Confluent Medical have?
As of Apr 08, 2024, the latest employee count at Confluent Medical is 14.
What is the annual revenue of Confluent Medical?
Annual revenue of Confluent Medical is $295.79K as on Mar 31, 2023.
What does Confluent Medical do?
Confluent Medical Technologies is focused on the design, development, and large-scale manufacturing of interventional catheter-based devices and implants. The company specializes in Nitinol components, balloon and complex catheters, high-precision polymer tubing, and implantable biomedical textiles. Solutions are provided to the medical device industry with an emphasis on integrity, quality, and operational excellence. Sectors served include healthcare, specifically targeting interventional and implantable medical technologies.
What products or services does Confluent Medical offer?
Confluent Medical offers Nitinol Components, Polymer Tubing, Biomedical Textiles, and Complex Catheters.
How many acquisitions has Confluent Medical made?
Confluent Medical has made 5 acquisitions, including Biomedical Structures, ETE Medical, and Interface Catheter Solutions.
Who are Confluent Medical's investors?
Confluent Medical has 2 investors. Key investors include TPG, and Ampersand Capital Partners.